Is Birchwood, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Birchwood has remained a Buyer's Market.
Housing Prices in Birchwood, WI
How much do homes in Birchwood, WI cost?
Median Sold Price
$415,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Birchwood was $415,000 in April 2024, up 2% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $275K | N/A |
2 Bedrooms | $232K | $256K | +10.3% |
3 Bedrooms | $465K | $565K | +21.5% |
4 Bedrooms | $748K | $289K | -61.4% |
5+ Bedrooms | $1.6M | $565K | -65.5% |
Summary: Birchwood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 21.5%, 4 bedroom homes decreased by 61.4%, and 5+ bedroom homes decreased by 65.5%.
Housing Supply in Birchwood, WI
How many homes are available in Birchwood, WI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
41 | 54 | +31.7% |
Summary: The Birchwood real estate market had 54 homes for sale in April 2024, a 31.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 11 | 17 | +54.5% |
3 Bedrooms | 14 | 21 | +50.0% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Birchwood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 54.5%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Birchwood in April 2024, down by 14.3% month-over-month. Of the 6 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for Birchwood, WI
How long does it take to sell a home in Birchwood, WI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
19 Days | 4 Days | -78.9% |
Summary: Homes in Birchwood had an average of 4 days on market in Apr 2024, down by 78.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Birchwood; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.